Big news in the airplane world! Airbus, a giant airplane maker, is almost done buying some parts of Spirit AeroSystems, another company that makes airplane parts. This is like a big puzzle, with some pieces going to Airbus and others to Boeing, another big airplane company. It's a complicated deal, but it's important for making airplanes.
- Airbus is buying some of Spirit AeroSystems' European factories.
- Boeing is buying back its old parts of Spirit AeroSystems for $4.7 billion.
- The deal will likely be finished by mid-2025, maybe even by July 1st.
| Fact | Number |
|---|---|
| Boeing's buyout price | $4.7 billion |
| Spirit AeroSystems' total liquidity | $890 million |
| Expected cash burn (first half of 2025) | $650-$700 million |
